1, ORCHARD CLOSE, BILLINGHAY, LINCOLN, LN4 4FJ - £148,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 ORCHARD CLOSE is a very small detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £183,368. It was last sold for £148,000 in February 2018, which was around 38% below the average February 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

1 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 1 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 1 ORCHARD CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 16 FEB	£148,000	£237,812	38% below HPI
2006 11 MAY	£151,950	£179,131	15% below HPI

1 ORCHARD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 1 ORCHARD CLOSE sales from May 2006 and February 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2018 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 1 ORCHARD CLOSE be worth now?

1 ORCHARD CLOSE might now be worth an estimated £183,368.

This is based on house price inflation of 23.9%, between February 2018 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.9% inflationary increase is applied to the most recent sale price for 1 ORCHARD CLOSE of £148,000 on 16th February 2018. For the value to have increased from £148,000 to £183,368 over the five years and two months to December 2024, the following assumptions must hold true:

• The value of 1 ORCHARD CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2018 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ORCHARD CLOSE has not materially changed since February 2018.

How Large is 1 ORCHARD CLOSE?

1 ORCHARD CLOSE is 76m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 20% of detached houses houses in Billinghay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billinghay, and where 1 ORCHARD CLOSE lies on this distribution: 14% of detached houses houses are smaller than 1 ORCHARD CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

1 ORCHARD CLOSE: Plot and Title Map

1 ORCHARD CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 1 ORCHARD CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 ORCHARD CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 ORCHARD CLOSE?

1 ORCHARD CLOSE is located in BILLINGHAY, in the LN4 postcode district. The below map shows the position of No. 1 on ORCHARD CLOSE.